Today in B2B payments, Grovara discusses the opportunity to improve the cross-border B2B eCommerce experience, and HighRadius secures $300 million in new funding. Plus, Ripple takes a stake in Tranglo, Plaid partners with Dun & Bradstreet and Ramp nears a new capital infusion. Get the...
Restaurant aggregator and delivery service DoorDash is suing digital ordering solutions provider Olo for allegedly overcharging the company by millions of dollars over several years, the Financial Times reported on Wednesday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. Federal Reserve on Wednesday (March 31) released message specifications for its instant payment service, FedNow. Set by the International Organization for Standardization, or ISO, these specifications set the message flows and formats for when the service begins operating in 2023. Get the Full...
Singapore Exchange Ltd. is formally exploring whether to begin trafficking in special-purpose acquisition companies (SPACs), the blank-check companies that have become a favorite tool for investors taking companies public on major Western exchanges but aren’t allowed on many Asian exchanges, according to a notice posted...
In today’s top retail news, Chewy, Inc. registered a 51 percent year-0ver-year increase in net sales for its fiscal fourth quarter of 2020, Walgreens said its least earning results were hit by an “exceptionally weak cough, cold and flu season.” Plus, Lululemon reported that the...
The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a massive case of FOMO (fear of missing out) seems to be sweeping the entire commerce landscape. Get the Full Story Complete the form to...
Smart at-home fitness platform Tonal has raised $250 million in an oversubscribed Series E funding round, valuing the company at $1.6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Chinese eCommerce giant JD.com said on Wednesday (March 31) that it had officially sold its JD Cloud and artificial intelligence (AI) business to its FinTech unit for a combined valuation of $2.4 billion, Reuters reported. The FinTech unit will issue ordinary shares to JD.com as...
Japanese buy now, pay later (BNPL) provider Paidy Inc. announced Tuesday (March 30) it had completed its Series D funding round, raising $120 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
